Parantia-sama ๐๐๐
Yesterday, including the Nasdaq, major US stock indices experienced a gap down rapid decline. Amidst that, in my portfolio, the largest position in $Palantir (PLTR.US)$ The news of the nasdaq transition became the fuel, causing a strong explosion of more than 11%. $Applovin (APP.US)$ On the day of news about 100 adoptions for the nasdaq transition, the market declined, but this time PLTR stood out as others were all falling, maybe attracting concentrated funds. Leading stock is strong ๐.
$Bitcoin (BTC.CC)$ Also made a trial trade of 0.09 million dollars, $MicroStrategy (MSTR.US)$ Also rose for me.
However, looking at the nasdaq pullback, it may have become difficult for the 'big rally' to continue. The candlestick chart below is the chart right after Biden's election, where it soared after gapping up, then experienced a deep pullback, followed by a reversal to the upside.
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There is a possibility that it could follow a similar pattern, but this time it needs to be considered without the sudden drop due to the corona shock. Just brought out as one of the possibilities ๐ค.
Overall, it's weak, even in my portfolio. $Reddit (RDDT.US)$ As there was a significant drop, I cut half of the position and reduced the overall position. I also took profit on only 1/3 of PLTR. Since it seems that only BTC will continue to rise, I have not made any changes to my position on MSTR.
If you thought a major market rally was coming but ended up disappointed, your mood may also drop. However, be careful not to incur significant losses.
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MONGARA : Good morning. The index etf decline was tough.But as I focus on leading stocks, mine actually went up. It would be good if the decline settles down next week after the weekend, but it's worrisome.
ms68 : MSTR was also positive yesterday.
You're covering the good points, aren't you!